Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$395,000

504 Heard St, McKinney, TX, 75069

$396,541 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,502 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.98 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Disposal
FlooringCarpet, Tile

Exterior

Exterior FeaturesDeck
Lot Size13,983 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0915-004-0030-1
Lot Number3
SubdivisionMurray Addition (Cmc)
Land UseResidential
Legal DescriptionMURRAY ADDITION (CMC), BLK 4, LOT 3
Census Tract030702
Assessed Land Value$290,000
Assessed Improvement Value$249,219
Assessment Year2026

About this property

**IDEAL LOCATION IN HISTORIC McKINNEY!** Discover the possibilities at 504 Heard, a charming single-story brick ranch nestled on a large corner lot in the heart of McKinney’s sought-after Historic District. With 3 bedrooms, 2 baths and an inviting layout, this home offers a wonderful opportunity to enjoy the character and convenience of historic downtown living while adding your own personal touches. The open living and kitchen area creates a comfortable gathering space with great potential for updating and making the home truly your own. Three generously sized bedrooms and two full baths provide flexibility for family, guests, a home office or hobbies. The attached 2-car garage adds valuable storage and everyday convenience. Step outside and discover one of the property’s standout features—a spacious backyard with a large covered hardwood deck, perfect for morning coffee, entertaining friends or relaxing beneath the mature magnolia trees. The generous corner lot provides plenty of room for gardening, play and outdoor living. Recent major updates include a **new roof in 2020** and **new HVAC in 2022**, offering peace of mind for the next owner. Whether you are looking for a comfortable home in a walkable historic neighborhood or a property with exciting potential to update and personalize, 504 Heard is a wonderful opportunity. Enjoy all that Historic McKinney has to offer, just minutes from the Downtown Square, locally owned shops, restaurants, galleries, festivals, entertainment and community events. Experience the charm of historic neighborhood living with the convenience of being close to everything. **Come see the potential and imagine making 504 Heard your own!** Home being sold AS IS.

Investor Tools

$0Estimated Mortgage Balance
$539,219Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$396,541
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,235 /month
Positive
Cash Flow Estimate:
$1,078 /month

Interested in this property?

Kari Kennedy

Keller Williams Realty Allen

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,180
$539,219
2026
$290,000
$249,219
$539,219
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,180
$539,219

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$539,219
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
4.4%

City: McKinney

504 Heard St | Property Details | No Agent List